India Electric Two-Wheeler Market: Overview, Growth, and Key Insights for {2028}

BenaiahCulture2025-07-128050

According to a report by TechSci Research, the India electric two-wheeler market is projected to reach USD 1,028.04 million by 2028, growing at a compound annual growth rate (CAGR) of 29.07%.

This substantial growth is driven by the increasing adoption of electric vehicles (EVs), technological advancements, and government policies supporting the transition to cleaner transportation alternatives. This report provides a comprehensive overview of the current state and future potential of the electric two-wheeler market in India, including key growth drivers, market challenges, technological developments, and competitive landscape.

India Electric Two-Wheeler Market Overview

The electric two-wheeler market in India has gained significant momentum in recent years, largely due to rising environmental concerns, improved consumer awareness, and increased government support.

The focus on reducing air pollution, curbing carbon emissions, and decreasing dependency on fossil fuels has accelerated the shift toward electric mobility. Additionally, the affordability of electric two-wheelers, combined with the financial incentives provided by the government, has made these vehicles more accessible to the average consumer.

Browse more than 24 market data Figures spread through 70 Pages and an in-depth TOC on "India Electric Two-Wheeler Market" @ https://www.techsciresearch.com/report/india-electric-two-wheeler-market/1668.html

Key India Electric Two-Wheeler Market Segments

The market for electric two-wheelers in India is segmented based on vehicle type, battery type, voltage capacity, battery capacity, range, region, and company.

1. Vehicle Type

The Indian electric two-wheeler market can be categorized into scooters/mopeds and motorcycles. Currently, the electric scooter/moped segment dominates the market, holding a significant share. However, the motorcycle segment is expected to experience rapid growth, projected to grow at a CAGR of 47.72% by 2028. The increasing demand for high-performance electric motorcycles is likely to drive this growth.

2. Battery Type

Lithium-ion batteries dominate the Indian electric two-wheeler market, holding more than 90% of the total market share. These batteries are preferred due to their high efficiency, longer life cycle, and better overall performance compared to traditional lead-acid batteries. Lithium-ion batteries also contribute to the zero-emission goals of electric vehicles. This trend is expected to continue in the coming years as more companies adopt advanced battery technologies.

3. Voltage Capacity

In terms of voltage capacity, the 48-59V segment currently holds the majority of the market share, representing nearly 70% of the total market. This voltage range is popular due to its ability to offer a balance between performance and affordability, making electric two-wheelers more accessible to Indian consumers.